Loan Underwriter Jobs in Pottstown, PA
A Loan Underwriter in the banking industry is responsible for evaluating and approving or rejecting loan applications based on the borrower's creditworthiness. They assess the risk involved in lending money to a particular borrower by scrutinizing their financial information, including credit history, income, employment stability, and debt-to-income ratio. They also establish lending terms and conditions, ensure compliance with regulatory standards, and communicate decisions and related information to applicants and loan officers. Since loan underwriting involves significant decision making, it plays a crucial role in maintaining the financial health and sustainability of a bank.
Prior to their role as a Loan Underwriter, an individual may have experience as a Loan Processor, Credit Analyst, or Financial Advisor. These positions help to build a solid foundation in credit analysis, risk assessment, and financial advisory, which are essential skills for Loan Underwriters. Loan Underwriters should have strong analytical, decision-making, and communication skills. They should also possess a detailed knowledge of credit and lending procedures, as well as relevant regulatory standards. Certifications such as the Mortgage Loan Originator (MLO) license or Certified Mortgage Underwriter (CMU) can enhance their credibility and career prospects in the industry.
Surety Underwriter or Senior Underwriter, Commercial Surety
- Liberty Mutual Insurance
- Plymouth Meeting, PA (20 miles from Pottstown, PA)
- 1 day ago
- Liberty Mutual Insurance
- Plymouth Meeting, PA (20 miles from Pottstown, PA)
- 1 day ago
Schedule: Full-Time Salary Range: USD $75000.00 - $194000.00 Job Category: Underwriting Description Liberty Mutual Surety is currently recruiting for a Senior Surety Underwriter to join our...
- West Chester, PA (18 miles from Pottstown, PA)
- 6 hours ago
- West Chester, PA (18 miles from Pottstown, PA)
- 6 hours ago
Qualifications and Education Requirements 5+ years of mortgage underwriting experience. Superior knowledge of GSE and Government Guidelines....
- Center Valley, PA (22 miles from Pottstown, PA)
- 27 days ago
- Center Valley, PA (22 miles from Pottstown, PA)
- 27 days ago
Overview Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of...
Account Executive Officer/Sr. Underwriter, National Property
- Blue Bell, PA (19 miles from Pottstown, PA)
- 30+ days ago
- Blue Bell, PA (19 miles from Pottstown, PA)
- 30+ days ago
Who Are We? Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
Account Executive Officer/Sr. Underwriter, National Accounts
- Blue Bell, PA (19 miles from Pottstown, PA)
- 45+ days ago
- Blue Bell, PA (19 miles from Pottstown, PA)
- 45+ days ago
Who Are We? Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
- Chalfont, PA (21 miles from Pottstown, PA)
- 45+ days ago
- Chalfont, PA (21 miles from Pottstown, PA)
- 45+ days ago
Proficiency with commercial lending software (e.g. nCino) and Microsoft Office Suite (Excel, Word, Outlook). Working knowledge of NCUA regulations, lending compliance, and loan documentation....
- Blue Bell, PA (19 miles from Pottstown, PA)
- 60+ days ago
- Blue Bell, PA (19 miles from Pottstown, PA)
- 60+ days ago
Job Description Apply Now Position Summary: Responsible for performing various duties to support the Underwriting Department; coordinating work within the department, as well as with other...
- Malvern, PA (15 miles from Pottstown, PA)
- 90+ days ago
- Malvern, PA (15 miles from Pottstown, PA)
- 90+ days ago
Manage daily operations of syndicated and/or private debt portfolios, including direct lending, middle market credit and real estate debt transactions Ensure client deliverables are met timely and accurately...
Demographic Data for Pottstown, PA
Moving to Pottstown, PA? Find some basic demographic data about Pottstown, PA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Pottstown, PA
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Pottstown, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Presentation
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- Conventional Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Automated Clearing House
- Commercial Lending
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- Cross Selling
- OFAC
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Cash Flow Analysis
- USDA
- Underwriting
- Anti-Money Laundering
- Financial Statements
- Portfolio Management
- Appraisal
- Due Diligence
- Financial Analysis
- Real Estate
- Risk Management
- Finance
- Closing
- Decision Making
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Accounting
- Coaching
- Mentoring
- Collaboration
- Policy Development
- Bachelor's Degree
- Filing
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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